Oilex Secures Another 15% in W. Kampar

摘要

Oilex Ltd. has agreed to acquire an additional 15% interest in the West Kampar production sharing contract onshore Sumatra from PT Sumatera Persada Energi (SPE). Oilex now holds a 60% stake in Kamar, which contains the Pendalian oil field with emerging production in 2008 and a number of highly prospective geological trends that will be the subject of an intensive exploration drilling program.